User Account

All Pages

Find out total value of sales

Assignment Help Accounting Basics
Reference no: EM133019126

Question - In respect of a factory the following figures have been obtained for the year 2020: Cost of material RM600,000; direct wages RM500,000; factory overheads RM300,000; administration overheads RM336,000; selling overheads RM224,000; distribution overheads RM140,000 and (i) profit on total cost @ 25% & (ii) profit on sales @ 20%. Find out total value of sales.

Reference no: EM133019126

Questions Cloud

Describe why you chose that country : Consider you are a cash manager of a multinational corporation (MNC) based in the United States. One of your responsibilities is to gain the highest yield for y
Manage problems by using suitable tools and techniques : The project team gathers data on the reasons why a specific project task is causing problems and the frequency they occur. There are many different reasons and
Shahrzad rafati rapid-fire drive : 1. Considering the leadership behaviours in 14.1, which type(s) of leadership would you attribute to Shahrzad Rafati? Explain your reasons.
Describe the steps in the risk management process : City Bus Corporation provides school bus transportation to public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities
Find out total value of sales : Cost of material RM600,000; direct wages RM500,000; factory overheads RM300,000; administration overheads RM336,000; Find out total value of sales
How many gallons are needed to drive miles : Question - Your car can drive 390 miles on a tank of 29 gallons. How many gallons are needed to drive 175 miles
Managing the ongoing operations functions : Why not use the technique for managing the ongoing operations functions of any business and development of new products and services, theatrical productions
Discuss the purpose of accounting theory : Question - Discuss the purpose of accounting theory and FOUR (4) approaches to theory construction in accounting
What is the factory costs per hour : A company manufactures a product which requires four hours per unit of machine time. What is the Factory costs per hour

Reviews

Write a Review

Accounting Basics Questions & Answers

  A company has the choice of either selling 500 defective

a company has the choice of either selling 500 defective units as scrap or rebuilding them. the company could sell the

  Avedo group has been in its factory for 20 years although

avedo group has been in its factory for 20 years. although the factory is quite functional numerous repair costs are

  Problem - Entries for Uncollectible Receivables

Problem - Entries for Uncollectible Receivables, Journalize the following transactions in the accounts of Metromark Company, a restaurant supply company

  Calculate ending inventory and cost of goods sold

Samuelson and Messenger (S&M) began 2018 with 210 units of its one product. Calculate ending inventory and cost of goods sold for January

  A company projects annual cash inflows of 90000 each year

a company projects annual cash inflows of 90000 each year for the next five years if it invests 45000 in new equipment.

  What would be the effect on profits

Joint processingcosts for the year amounted to $100,000. If all three products were processed further, what would be the effect on profits

  Explain the company should fund the project

Explain in detail whether the company should fund this project. Special Controls, Inc is thinking of funding a project that would have a 10 year life

  At the beginning of the year orbit airways purchased a used

at the beginning of the year orbit airways purchased a used boeing aircraft at a cost of 45 million. orbit expects the

  Determine doug minimum net employwent income

Determine Doug's minimum net employwent income for the current year. Explain for conclusion.

  The machine has an expected useful life of five years and

leslie company sells business stationery imprinted with acustomers business name and address. to do this it purchased a

  Prepare an installment payments schedule

Talkington Electronics issues a $413,500, 4%, 15-year mortgage note on December 31, 2016. Prepare an installment payments schedule for the first 4 year

  The couple uses the cash method of accounting

Problem Facts. Larry K. and Cathy L. Zepp have been married 19 years. Larry is 62 years old (Social Security number 123-45-6789) while Cathy is 57 years old (Social Security number 123-45-6788). They live at 1234 Elm Dr. in Indianapolis, Indiana 4620..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd